IIM Ahmedabad recently concluded the final placements for the batch of 2020, as 153 recruiters offered jobs to the PGP students and 130 recruiters provided placements to PGPx students. Overall, the institute witnessed an increase of 35% in the highest domestic salary package offered to the students.
Under the discipline of PGP, the highest CTC stood at INR. 70 LPA while the average CTC stood at INR. 25.83 LPA. Under the MBA Executive (PGPx) program, the highest salary jumped to INR. 81 LPA from INR. 60 LPA last year. The average salary went up to INR. 33 LPA this year from INR. 30 LPA in 2019. The batch received 120 offers and those students who had lost job offers due to the coronavirus outbreak have also got comparable offers.
Check: IIM Ahmedabad Ranking 2020
IIM Ahmedabad Placements 2020 Highlights
|No. of Recruiters||153||130|
|No. of New Recruiters||38||-|
|No. of Offers Received||182||300|
|No. of PPOs Received||50+||-|
|Average CTC||INR. 25.83 LPA||INR. 33 LPA|
|Highest CTC||INR. 70 LPA||INR. 81 LPA|
|Top Recruiting Domains||EdTech, Pharma Healthcare, IT Consulting, E-Commerce, Finance||Consulting, Finance, HR, Marketing/Sales, Operations|
|Top Recruiters||Microsoft, Amazon, JP Morgan Chase & Co, McKinsey & Co, Bain & Co, A.T. Kearney, BCG, KPMG, Citi, Credit Suisse, Reliance Industries Limited, TAS, Nestle, P&G, Fin IQ, FIITJEE||AB InBev, Accenture, Adani Group, Aditya Birla Management Corporation, Agarwal Packers & Movers, Amazon, Atos Syntel, Axis Bank|
IIM Ahmedabad witnessed an exceptional placement season during the 2020 placement drive. The institute recorded a 35% hike in the highest domestic salary package offered to eminent students of the institution. The Highest CTC offered under the PGP program was INR. 70 LPA while the highest CTC offered under PGPx stood at INR. 81 LPA.
McKinsey & Co.with 27 offers closely followed by Boston Consulting Group’s 23, emerged as the top recruiters of the season. Despite a market slowdown, the institute witnessed an increasing number of new recruiters (i.e. 38) visiting the campus. As every year, IIM Ahmedabad rolled out 160 ‘dream applications’ up from 140 as of 2019, wherein meritorious students applied for their desired firms, despite having offers in hand.
Earlier this year, IIMA successfully wrapped up summer placements for PGP Batch (2019-2021) in just 3 clusters. Boston Consulting Group stood out as the largest recruiter extending 23 offers. Students received 19 international offers to work in Australia, Hong Kong, Singapore, France, and the Middle East. Tech giants Microsoft, Amazon along with conglomerate RPG were the top recruiters at laterals.
IIM Ahmedabad PGP Placements 2020
The following statistics were observed during the PGP placements:
|No. of Recruiters||153|
|No. of New Recruiters||38|
|No. of Offers Received||182|
|No. of PPOs Received||50+|
|Average CTC||INR. 25.83 LPA|
|Highest CTC||INR. 70 LPA|
IIM Ahmedabad PGP Placements 2020 Domain-wise
|Consulting||BCG, KPMG, Bain & Co, McKinsey & Co, A.T. Kearney,|
|BFSI||JP Morgan Chase & Co, Goldman Sachs, Citi,|
|FMCG/Consumer Goods/ Digital Media||AB InBev, P&G, Samsung, Lenovo, Diageo|
|Telecom||Airtel, Tata Sky|
|E-Commerce||Amazon, Apparel Group, eShakti|
|General Management||Reliance Industries Limited, CK Birla Group, TAS, Aditya Birla Group,|
Taking a cue from the above trends, here are some interesting anecdotes from IIM Ahmedabad’s Final Placement of 2020:
- Some 44 recruiters completed their hiring in the first phase of placement. Such offers were from diverse sectors including Analytics, Technology, Banking, and Consulting.
- The niche consulting cohort dominated the final placements however investment banks, Avendus with 10 offers, and JP Morgan’s 8 made them stand out as well.
- The private Equity, Asset Management, and Venture Capital cohort saw an 80% increase in recruiters vis-à-vis 2019.
- From FMCG, brewery AB InBev bringing 8 offers has been the top recruiter all through these years, while telecom firm Airtel made 7.
- Tata Consultancy Services from the IT Consulting cohort has been the largest recruiter.
IIM Ahmedabad PGP Placement 2020 Year-Wise Salary
|Category||Placement 2019 (INR)||Placement 2018 (INR)||Placement 2017 (INR)|
|Highest CTC||70 LPA||72 LPA||53 LPA|
|Average CTC||25.83 LPA||24.45 LPA||22.58 LPA|
|Minimum CTC||17 LPA||18 LPA||15.60 LPA|
|Median CTC||30 LPA||28.40 LPA||28 LPA|
IIM Ahmedabad PGPx Placements 2020
The institute released the final placement report for the MBA Executive (PGPx) program, for which the highest salary jumped to INR. 81 LPA and the average salary went up to INR. 33 LPA.
The batch received 120 offers and those students who had lost job offers due to the coronavirus outbreak have also got comparable offers.
|No. of Recruiters||130|
|No. of Students Eligible for Placements||140|
|No. of Students Placed through the Institute||15|
|Total No. of Students Placed through the Institute||125|
|Total No. of Offers Accepted||125|
|No. of Students Unplaced||5|
|Average CTC||INR. 33 LPA|
|Highest CTC||INR. 81 LPA|
IIM Ahmedabad PGPx Placement 2020 Sector-wise
The graduating students received offers from companies across sectors such as Consulting, BFSI, Conglomerates, FMCG, E-commerce, Technology, IT and ITES, Energy, Logistics, Pharma, and Manufacturing.
The participants of the 14th batch of PGPX came from different backgrounds with rich experience ranging from 4 to 16 years. Recruiters visited campus to select candidates for their mid-senior and senior-level management positions.
IIM Ahmedabad PGPx Placement 2020 Function-wise
|Function||No. of Domestic Offers|
|Research & Advisory||1|
|Supply Chain Management||2|
Function-wise, Marketing/Sales bagged the maximum number of offers followed by Operations, General Management, and System/IT.
IIM Ahmedabad PGPx Placements 2020 Location-wise
With regards to the location, the maximum number of students were recruited for the branch offices located in Delhi and NCR regions followed by Bengaluru and Mumbai.
|Location||No. of Offers Accepted|
|Rest of India||8|
IIM Ahmedabad PGPx Placement 2020 Salary Analysis
The following table depicts the Domestic salary heads:
|Fixed Yearly Cash Component||15,42,540||48,00,000||25,00,000||26,50,641||120|
|One-time Cash Payment||1,00,000||9,40,000||3,00,000||3,31,190||42|
|Total Guaranteed Cash Component||15,42,540||48,00,000||25,66,220||27,66,558||120|
|Maximum Earning Potential||18,50,000||81,00,000||30,00,000||33,36,247||120|
The maximum earning potential is INR. 81 LPA and the same have been bagged by the students of PGPx program.
IIM Ahmedabad PGPx Sector-wise Salary Analysis 2020
The following tabulation represents the Sector-wise Total Guaranteed Cash Component — Domestic:
|Consumer Goods (FMCG)||26,58,566||33,84,621||29,95,444||30,08,519||4|
|Environment & Energy||22,50,000||25,62,439||24,10,000||24,07,480||3|
IIM Ahmedabad PGPx Function-wise Salary Analysis 2020
The following tabulation represents the Function-wise Classification of Fixed Yearly Cash Component- Domestic Average CTC:
|General Management||INR. 28.55|
|Research & Advisory||INR. 32|
|Supply Chain Management||INR. 26.25|
IIM Ahmedabad Summer Placements 2019-2021
IIM Ahmedabad successfully conducted it’s Summer placements for the students from the PGP as well as the FABM programs. A total 386 PGP students got a chance to intern at some of the big names in the industry such as- Amazon, Boston Consulting Group, JP Morgan & Chase, and etc.
From the FABM program, 46 students were visited by 23 recruiters who provided them all with some impressive Internship offers.
|Total Batch Strength||390||46|
|No. of Students Eligible for Placements||386||46|
|Total No. of Offers||386||46|
|Total No.of International Offers||19||-|
|No. of Participating Recruiters||367||23|
|Top Recruiting Sectors||Finance, Consulting, Sales and Marketing, General Management, Product or Category Management||Agri-Inputs, BFSI, FMCG, IT, Online Services, Conglomerates, Food Processing|
|Top Recruiters||Amazon, Boston Consulting Group, JP Morgan & Chase, Nomura, KPMG, Roland Berger||Ninjacart, Gramophone, NISG, Olam India, Hester, Udaan, ETG, Hexaware Technologies|
IIM Ahmedabad PGP Summer Placements 2019-2021
Over 386 students from a batch of 390 got a chance to work under 367 companies from various sectors such as Finance, Consulting, Sales and Marketing, General Management, Product or Category Management.
The above illustration highlights the top trends as mentioned below:
- Boston Consulting emerged as top recruiter offering placements to 23 students.
- In E-commerce, Amazon topped the chart recruiting 10 students while Microsoft in Technology cohort with 8 offers.
- In FMCG, Hindustan Unilever made it among top recruiters extending 14 offers.
IIM Ahmedabad PGP Function-wise Summer Placements
|Function||No. of Offers|
|Marketing and Sales||72|
|Research & Advisory||4|
|Supply Chain Management||3|
The above trends project of better job opportunities in Consulting, Finance and Sales & Marketing roles. Consulting being the top recruiting sector extended 33% roles, while 21% of the students received Finance roles, 19% were offered Sales and Marketing roles.
IIM Ahmedabad PGP Location-wise Summer Placements 2019-2021
Over 19 International offers were bagged by the students from the PGP batch. 2 job offers were provided for Australia and France each. A total of 3 offers were provided for jobs located in Hong Kong. 12 out of 19 jobs were located in the Middle East and Singapore.
The following table represents the job offers provided within India from each state:
|Location||No. of Offers Accepted|
IIM Ahmedabad FABM Summer Placements 2019-2021
Over 46 students from PGP Food and Agribusiness Management Program got recruited by some of the prominent sectors of the industry such as- FMCG, IT, Online Services, Conglomerates, Food Processing, Agri-Inputs, and BFSI.
Maximum number of offers were provided under the Agri-Inputs sector followed by FMCG and IT sectors.
IIM Ahmedabad FABM Function-wise Summer Placements 2019-2021
With regards to the Function-wise classification, the maximum number of offers were provided under the Sales and Marketing sector.
|Functions||No. of Offers|
|Research & Advisory||3|
|Sales & Marketing||26|
|Supply Chain Management||6|
IIM Ahmedabad FABM Location-wise Summer Placements 2019-2021
|Location||No. of Offers|